#CryptoRoundTableRemarks

The SEC Chairman suggests "huge benefits" at the agency's third roundtable on cryptocurrencies

The roundtable on cryptocurrency custody marked one of the first times Paul Atkins spoke as the new chairman of the SEC since taking office on April 21

In one of his first appearances as the recently sworn-in chairman of the U.S. Securities and Exchange Commission, Paul Atkins delivered a speech at the agency's third roundtable discussion on cryptocurrency regulation.

At the roundtable "Know Your Custodian," held on April 25, Atkins stated that he expected "huge benefits" from blockchain technology due to efficiency, risk mitigation, transparency, and cost reduction. He reiterated that among his goals at the SEC would be to facilitate "clear regulatory standards" for digital assets, hinting that the agency, under Gary Gensler's leadership, had contributed to regulatory and market uncertainty.

"I look forward to engaging with market participants and working with colleagues from President Trump’s administration and Congress to establish a rational and appropriate framework for crypto assets," Atkins said.